Instrument Details

ISIN: INE540P07418

Face value

₹10,00,000

Coupon rate

9.70%

Payment

Quarterly

Tax Type

Taxable

Issue Size (Cr)

493.9

Instrument Type

Bond

Returns

High

Date of Issue

30 Mar 2022

Maturity Date

29 Mar 2030

Perpetual

Yes

Listing Status

Listed

Rating status

A+(CE) (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

Principal + Interest

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

U.P. POWER CORPORATION LIMITED SR I STRPP F 9.70 BD 29MR30 FVRS10LAC
U.p. Power Corporation Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE540P07418, with a face value of ₹10,00,000 rs on 30Mar22 to raise 493.9 crores. The debt instrument is issued with a coupon rate of 9.70% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Bond is 9.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES I/2022 STRPP F. DATE OF MATURITY 29/03/2030. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 30Mar22. INDIA RATING AND RESEARCH PVT. LTD has given A+(CE) rating to this Bond on 11Oct23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
A
Adequate Safety
A+(CE)
check
Date Verified
22 Nov 2023
check
Outlook
Stable
logo
Seniority in Repayment
Senior
logo
Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
30-Mar-22 : Your investment
₹24,25,000
30-Jun-22 : Interest
₹24,25,000
30-Sep-22 : Interest
₹24,25,000
30-Dec-22 : Interest
₹24,25,000
30-Mar-23 : Interest
₹24,25,000
30-Jun-23 : Interest
₹24,25,000
30-Sep-23 : Interest
₹24,25,000
30-Dec-23 : Interest
₹24,25,000
30-Mar-24 : Interest
₹24,25,000
30-Jun-24 : Interest
₹24,25,000
30-Sep-24 : Interest
₹24,25,000
30-Dec-24 : Interest
₹24,25,000
30-Mar-25 : Interest
₹24,25,000
30-Jun-25 : Interest
₹24,25,000
30-Sep-25 : Interest
₹24,25,000
30-Dec-25 : Interest
₹24,25,000
30-Mar-26 : Interest
₹24,25,000
30-Jun-26 : Interest
₹24,25,000
30-Sep-26 : Interest
₹24,25,000
30-Dec-26 : Interest
₹24,25,000
30-Mar-27 : Interest
₹24,25,000
30-Jun-27 : Interest
₹24,25,000
30-Sep-27 : Interest
₹24,25,000
30-Dec-27 : Interest
₹24,25,000
30-Mar-28 : Interest
₹24,25,000
30-Jun-28 : Interest
₹24,25,000
30-Sep-28 : Interest
₹24,25,000
30-Dec-28 : Interest
₹24,25,000
30-Mar-29 : Interest
₹24,25,000
30-Jun-29 : Interest
₹24,25,000
30-Sep-29 : Interest
₹24,25,000
30-Dec-29 : Interest
₹17,10,972
29-Mar-30 : Interest
₹17,68,85,972
29-Mar-30 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹7,68,85,972)

Summary

Instrument Attributes

Value

Coupon Rate

9.70%

Returns

High

Bond Rating

A+(CE)

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Electric Utilities
Head Office
HEAD OFFICE
Lucknow
Sector name
SECTOR
Power
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE540P07418 issued by U.p. Power Corporation Limited

The instrument name of INE540P07418 ISIN is U.P. POWER CORPORATION LIMITED SR I STRPP F 9.70 BD 29MR30 FVRS10LAC.
The interest earned from INE540P07418 bond issued by U.p. Power Corporation Limited is paid Quarterly, ensuring regular and consistent income for investors.
This INE540P07418 bond issued by U.p. Power Corporation Limited has been assigned a credit rating of A+(CE) by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Bond offers a coupon rate of 9.7%, which determines the periodic interest payments made to bondholders.
The INE540P07418 Bond is issued by U.p. Power Corporation Limited, a Private Sector company.